Technology Transfer at the U.S. National Institute of Standards and Technology (NIST)

Albert Link

No 19-8, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: This paper analyzes the inter-relationship among technology transfer mechanisms using data specific to the U.S. National Institute of Standards and Technology (NIST). An overview of the history of NIST and U.S. policies that emphasize the economic importance of technology transfer are discussed. The empirical analysis focuses on NIST's investments in R&D and the cascading impact of those investments on new inventions disclosed, new patent applications, new patents issued, and the new patent licenses; and accounting for the effects of R&D on these three investments, an overall estimate of the R&D elasticity of new patent licenses is calculated to be 0.7976. The paper concludes with a policy-focused summary of the implications of the empirical findings, and a suggested roadmap for future research related to technology transfer from U.S. Federal laboratories.

Keywords: technology transfer; federal laboratories; NIST; R&D; patents (search for similar items in EconPapers)
JEL-codes: H40 O31 O38 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2019-06-19
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2019_008

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